Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Donald Trump's post on 𝕏 about his crypto token has been Community Noted. He is a billionaire who is raising money for his crypto project in which investors can't currently sell the tokens they receive. What went wrong? https://t.co/UI3qeTvr1P
Donald Trump's post on 𝕏 about his crypto token has been Community Noted. He is a billionaire who is raising money for his crypto project in which in which investors can't currently sell the tokens they receive. What went wrong? https://t.co/988oHWy95v
Update on the Trump token "offering" 1. $12m in sales to accredited investors so far 2. You can't transfer your tokens 3. DJT is getting 22.5B tokens -- plus fees?! Crypto peeps: give me a simple overview of what this is and why I should/shouldn't participate. https://t.co/kvSVCXMyEI https://t.co/42M399BP3C
Donald Trump has launched a new cryptocurrency token, $WLFI, which has raised $12 million in sales to accredited investors. However, the token is non-transferable, meaning investors cannot currently sell the tokens they receive. Trump holds significant control over the token, with 32.5% allocated directly to his team and another 32.5% held indirectly. The token offering has been met with skepticism, as evidenced by a community note on Trump's video post highlighting the inability to transfer the token. Additionally, Trump is set to receive 22.5 billion tokens plus fees.
